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About

Fenerum is a EU based and hosted software specializing in automating financial operations for Software-as-a-Service (SaaS) businesses. Its cloud-based platform streamlines various financial processes, including subscription management, billing, accounting, expense management, and reporting. The platform automates recurring billing processes, encompassing invoicing, revenue recognition, and payment collection, and includes automated dunning and debt collection to ensure timely payments. Fenerum consolidates all financial data into a single system, providing detailed and accurate real-time reporting, eliminating the need for manual spreadsheets and complex data integrations. It integrates directly with existing accounting systems, enabling real-time booking of revenue and expenses, facilitating faster month-end closures.

About

OpenPay is a done-for-you growth platform designed for SaaS businesses, offering subscription management, optimization, and analytics in one seamless solution. With automated features like smart payment routing, AI-driven retention tools, and real-time insights, OpenPay helps businesses cut costs, increase revenue, and maximize growth potential. By intelligently routing payments across multiple processors, OpenPay not only reduces fees but also eliminates single vendor risk—ensuring no processor can disrupt your cash flow. Built by a team with extensive SaaS experience, OpenPay eliminates the need for multiple platforms and reduces costs, ensuring businesses keep more of their earnings while growing faster.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

SaaS companies

Audience

Any online business that accepts payments / business that have subscribers to their product

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

No images available

Screenshots and Videos

No images available

Pricing

€169/month up to €15k MRR
Free Version
Free Trial

Pricing

199/m
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 4.7 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • We were struggling with managing recurring payments and dealing with failed transactions before, but OpenPay’s robust subscription management tools, particularly the dunning features, have drastically improved our customer retention. The ability to integrate with multiple payment processors also means we no longer rely on a single provider, which has not only reduced our risk but also allowed us to negotiate better processing rates. The platform is easy to implement, and their support team has been extremely helpful. Highly recommend OpenPay for any business dealing with subscriptions!
  • We dealt with a lot of headaches with our old payment processor. Our experience with OpenPay has been the complete opposite. Their analytics tool quickly showed us ways to optimize, and we saw a clear bump in revenue thanks to their dunning and retry tools that really minimize churn. Plus, the ability to add multiple payment gateways has been fantastic—not only for reducing dependency on a single provider but also for giving our customers more payment options. And it’s way more affordable than what we used to pay, with an ROI that’s honestly been amazing.
  • Very responsive team and very easy to integrate. More frontend customizability, especially with analytics would be great. Was the easiest way for us to get up and running with payments.

Cons

  • I have been very happy with the software, I just wish they supported PayPal.
  • It took a bit for our team to get up to speed with the advanced features, but once we did, we saw awesome results.
  • More frontend customizability, especially with analytics would be great. Integrations with Netsuite are early and we are still iterating on it. Lastly supporting more SDK languages.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Fenerum
Founded: 2020
Denmark
www.fenerum.com

Company Information

OpenPay
Founded: 2023
United States
www.getopenpay.com

Alternatives

Alternatives

Categories

Categories

Recurring Billing Features

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Subscription Management Features

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

Integrations

Evenda
ProsperStack
Prowi

Integrations

Evenda
ProsperStack
Prowi
Claim Fenerum and update features and information
Claim Fenerum and update features and information
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